engineering recuitment MP Vyapam Sub Engineer Mock Test 2024 Estimating, Cost and Valuation Valuation
If book value of the equipment at the end of fourth year is Rs. 6,60,000/- and end of sixth year is Rs. 4,90,000/-. If estimated life of equipment is 10 years, then salvage value of the equipment at the end of 10 years using general straight line method of evaluation of depreciation is
1
Rs. 2,50,000/-
2
Rs. 2,00,000/-
3
Rs. 1,00,000/-
4
Rs. 1,50,000/-